• Feb. 27, 2013, 9:57 AM

    Stanley Black & Decker (SWK +1.1%) completes its $850M acquisition of Hong Kong based Infastech from CVC and Standard Chartered. Infastech is one of the largest Asia-based manufacturers of mechanical fasteners and the deal will help SWK increase its revenues from emerging markets to 16% of total sales. SWK also expects the acquisition to add $0.20 to its adjusted EPS in 2013 and $0.40 in 2015. (PR)

    Feb. 27, 2013, 9:57 AM
  • Sep. 25, 2012, 5:48 AM

    Singapore state-investment fund Temasek has approached potential suitors for its 18%, $6.1B stake in Standard Chartered (SCBFF.PK), the FT reports. The move could renew speculation about a takeover of the bank, which has in the past drawn interest from JPMorgan (JPM) and Santander (SAN), although StanChart's £34B market cap makes it a big fish to swallow.

    Sep. 25, 2012, 5:48 AM
  • May 30, 2012, 8:25 AM

    Black & Decker (SWK -0.2%) is among the prospective suitors for Singapore-based Infastech, a provider of industrial fasteners that generates sales of over $500M, Reuters reports. Infastech was bought by CVC and Standard Chartered's (SCBFF.PK) P-E arm in 2010 for $350M-$400M. First-round bids are due today.

    May 30, 2012, 8:25 AM